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$ 1,049,900
Est. payment | /mo
7 Beds
4 Baths
$ 1,049,900
Est. payment | /mo
7 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X11895246
Style 2-Storey
Bedrooms 7
Annual Tax Amount $4,597
Tax Year 2023
Property Sub-Type Fourplex
Property Description
$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability. **EXTRAS** Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle.
Location
Province ON
County Brantford
Area Brantford
Rooms
Family Room No
Basement Full, Partially Finished
Kitchen 4
Interior
Interior Features Water Heater Owned
Cooling Other
Fireplace No
Heat Source Electric
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 92.0
Lot Depth 64.0
Total Parking Spaces 8
Building
Foundation Concrete, Stone
Listed by EXP REALTY